This is the 3rd part.
Tweezer Bottom
Two candles with identical or nearly identical lows
Reversal pattern, indicating uptrend
Buy signal
Suggests bulls are taking control
Tweezer Top
Two candles with identical or nearly identical highs
Reversal pattern, indicating downtrend
Sell signal
Suggests bears are taking control
Key points:
Tweezers indicate a pause in trend
Two-candlestick pattern
Confirmation from other indicators recommended
Useful for identifying trend reversals
These patterns help traders spot potential trend changes.
For seeing 1st and 2nd part go to main page (profile).